Puerto Rico

As the Puerto Rico Oversight Board gets ready to approve a five-year fiscal plan this week, it is setting up a power struggle between itself and Gov. Ricardo Rosselló and the commonwealth legislature.

Household survey is much more positive about total employment than establishment survey.

Creditors' call for a receiver for PREPA is an Imperfect solution from a suspect source to be decided by the wrong authority – and it just might work.

The Oversight Board and Gov. Rosselló remain at odds over pensions and labor reform.

A government official said the governor took the action as a step to restore Puerto Rico's credit.

The judge's record so far suggests a pattern that may encourage further appeals in the biggest U.S. municipal bankruptcy.

The agreement ends an attempt by unsecured creditors to scuttle a restructuring of $4.1 billion bond debt.

The Oversight Board questioned the legality of an announced rate cut by the power authority, while insurers sought permission to name a receiver.

Puerto Rico entities paid millions for rejected proposals, lost $1.1 billion on risky interest rate bets.

A hearing on the unsecured creditors' bid for standing was postponed to Friday to allow time for the talks.